Vnre.blogspot.com - The Cau Giay Joint Stock Service, Trade and Investment Company on Wednesday broke ground for the construction of a three-tower complex worth VND3.57 trillion (US$188 million), including a 50-floor tower, the third-highest in Ha Noi.
The complex is located on a total land area of 10,200 square metres on Cau Giay Street. It includes two office-for-lease towers with 38 floors and both equipped with trade centres. The highest tower is an apartment complex with 360 luxury flats, each with an area ranging from 119 to 156sq.m.
The project also has five basements with a combined area of 44,000sq.m, to accommodate 600 cars and more than 700 motorbikes.
The towers are all designed and built by international companies.
Tran Duc Minh, chairman of the Cau Giay company, said that the project would indirectly benefit modern infrastructure in the Cau Giay - My Dinh area, including schools, kindergartens, hospitals, stadiums and trade centres.
It is expected that construction will be finished in June 2013.
The Ha Noi Landmark Tower—the highest building in all of Viet Nam—has a tower with 70 floors, and is also the 17th highest tower in the world. It also has two other towers with 48 floors each.
This is a complex including a hotel, apartments and other things. The project, located along Pham Hung Street, is invested in by the Keangnam Group of South Korea.
The second highest tower is the Ha Noi City Complex, with 65 floors. The Lotte Group of South Korea pumped about $400 million into building the complex, which has shopping centres, hotels, luxurious apartments and other services.